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High-Risk SpaceX Token on Raydium Sparks Caution

The token for SpaceX on Raydium is currently priced at $0.00000291 with a market cap of $2.9k and liquidity of $291. It has a total supply of 1 billion tokens. The token's security features include mutable metadata, with no mint or freeze authorities. Holder distribution is concentrated, with the largest holding being 4.92% by one address. The rating indicates high risk, given that all tokens were transferred from the deployer and the market cap to liquidity ratio is 10, with notably low liquidity. The token appears risky for investment and may pose significant challenges for liquidity and security. Given these factors, caution is advised when considering involvement with SpaceX on Raydium.
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AI Analysis

The SpaceX token listed on Raydium presents a high-risk profile according to its current data. The fact that 100% of the tokens were transferred from the deployer indicates a lack of liquidity control...

AI Recommendation

Given the high-risk rating, it is prudent to approach this token with caution. For most investors, it is advisable to avoid investing in tokens with such a high risk profile and low liquidity. If one ...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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